This year the Remember A Charity In Your will Week focusses on breaking down the many myths surrounding Will writing
Myth 1: Writing a Will is an arduous, expensive task
Writing a Will can be completed in the time it takes to have lunch. Cobalt’s Make A Will Month takes place every April and offers people the chance to have a straight forward Will written with friendly professional solicitors who volunteer their
time in return for a donation to Cobalt.
Myth 2: Only wealthy people leave gifts in Wills
Just because a person doesn’t have an enormous amount to leave to a charity in their Will, it doesn’t mean that they can’t make a difference. Charities rely on gifts of all sizes to continue their vital work. If every person who died in England and
Wales in 2017 had left just £100 pounds to charity, over £53 million would have been raised for charitable causes.
Myth 3: Partners are automatically entitled to your assets
If there’s no Will, it’s often assumed that a surviving partner will automatically receive everything on death. The law is more complicated than that. A Will helps to ensure that your wishes are adhered to.
Myth 4: Debts are written off when you die
It’s often incorrectly assumed that any debt a person leaves will be written off if they die. However this is far from the case, as the debt will be recovered from the estate before any inheritance can be passed on to family, friends and benefactors.
Myth 5: You only need to write a Will when you’re older
Having a Will is recommended if you have significant assets, either in the form of money, property or possessions, irrespective of age. If you don’t have a Will then all of these assets will be shared out according to law, rather than how you wish.
Life changing events like moving in with a partner, buying a house, getting married, divorced or having children can be catalysts for many people to write or update their Will. However, many put off the task because it’s not a nice topic to think about.
Having no Will, or one that is out of date, means that the State will decide what happens to your estate, and not you. Making a Will gives the peace of mind that you are able to make your wishes known, and after loved ones have been taken care of you may choose to also remember a cause that is close to your heart.
Including a gift to a good cause can bring a feel good factor to a pretty sombre task. By leaving even just a small percentage of your estate, you could make a wonderful difference to the work that a charity is able to do.
Gifts in Wills make up over a third of Cobalt's charitable income. Remembering Cobalt in your Will, you will help us to continue to improve health outcomes in years to come.
Your kind support will really make a difference to us in supporting people with cancer, dementia and other conditions.Helen Tomes, Supporter Relations Officer, Cobalt
You don't need to be wealthy to leave a gift to charity in your Will. After taking care of family and friends, even a small amount can make a big differenceHelen Tomes, Supporter Relations Officer, Cobalt
How your gift could make a difference to people's lives
Megan Willsher, a Teenage and Young Adult Cancer Nurse whose post is funded by Cobalt talks here about the impact her work has on young people with cancer.